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Turning Point Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 510164092 ✦ Minneapolis, MN ✦ Designated as a 501(c)(3)

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Overview

What is Turning Point Inc?

Turning Point Inc is a nonprofit organization based in Minneapolis, Minnesota. Its primary focus is on providing chemical dependency treatment and social service programs, specifically tailored to primarily African American male clients. The organization offers residential programs that combine treatment services with housing and transitional support. The treatment program lasts for 90 days, divided into two phases: a 30-day initial phase and a subsequent 60-day phase. Successful completion of the first phase allows clients to continue with the second phase for additional care and support. The organization's mission is centered around helping chemically dependent individuals regain control of their lives, offering a safe and supportive environment for healing and recovery.


Official website here: www.ourturningpoint.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Star rating)

Turning Point Inc has earned a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The organization exhibits a strong independent board structure, with 100% of its members being independent. This contributes to their robust financial oversight, as reflected in their perfect scores for audit and oversight committee involvement, and their comprehensive policies regarding conflicts of interest and whistleblower protections.

The charity's program expense ratio is commendable at 76.64%, indicating that a significant portion of their funds is directed towards their mission-related programs. However, a notable concern is their liabilities to assets ratio, which stands at 88.50%, suggesting potential financial risks that could impact their sustainability in the long term. This ratio could warrant further scrutiny in relation to their overall financial health.

Overall, Turning Point Inc demonstrates a commitment to transparency and effective governance, making it a reliable choice for potential donors interested in supporting their cause. However, the high liability ratio raises some questions about the organization’s financial stability that should be considered when evaluating contributions.


This AI summary has been generated from information found on Charity Navigator.

Is Turning Point Inc legitimate?

Turning Point Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Turning Point Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $282,212
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,470,244

For more financial information, click here


Official website here: www.ourturningpoint.org

What is the mission statement of Turning Point Inc?

Turning Point Inc is dedicated to providing chemical dependency treatment and social service programs. Their primary mission is to offer residential programs for chemically dependent individuals, with a focus on primarily African American male clients. The organization offers a 90-day inpatient program, divided into two phases: the first phase lasts for 30 days, and the second phase can last up to 60 days. Successful completion of phase 1 allows clients to continue with additional care and support in phase 2. In essence, Turning Point Inc aims to provide a supportive environment for individuals battling chemical dependency, offering them the tools and resources needed to overcome addiction and rebuild their lives.


Official website here: www.ourturningpoint.org

Who is the CEO of Turning Point Inc?

Lori Wilson is the Program Committee Chair of Turning Point Inc. The CEO's salary of Turning Point Inc is $173,842 and their total compensation is $181,824.


Official website here: www.ourturningpoint.org

What is the revenue of Turning Point Inc?

Turning Point Inc's revenue in 2022 was $2,907,670.


Official website here: www.ourturningpoint.org

Who are the executives of Turning Point Inc and what are their salaries?

The average compensation at Turning Point Inc during 2022 was $29,208. There are 60 employees and 3 volunteers at Turning Point Inc.


Here are 17 key members and their salaries (Turning Point Inc's CEO's salary is $173,842 and their total compensation is $181,824):


Rico Alexander (Program Committee Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Zalusky Berg Pa (Program Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Justin Butler (Finance Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zak Chesson (Program Committee Asst Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alfonso Cornish (Chair Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Henry Crosby (Development Comm, Asst Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jashan Eison (Program Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erin Hayden (Development Committee Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rowena Holmes (Program Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Obie Kipper (Finance Committee Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leondra Mitchell (Finance Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Reggie Rasmussen (Finance Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Robinson (Development Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex Tittle (Board Chair, Executive Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leroy West (Development Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vincent Hayden (President & Ceo)
  • Compensation: $173,842
  • Related: $0
  • Other: $7,982
Greg Jones (Chief Programs Officer)
  • Compensation: $100,390
  • Related: $0
  • Other: $0


Official website here: www.ourturningpoint.org

Where can I find the form 990 for Turning Point Inc?

Turning Point Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ourturningpoint.org

Learn more at the official website: www.ourturningpoint.org

Mission Statement of Turning Point Inc

Turning Point Inc, a nonprofit organization, is dedicated to providing chemical dependency treatment and social service programs. Their primary mission is to offer residential programs designed to help primarily African American male clients overcome chemical dependency. These programs provide supportive housing and care for individuals who have been assessed as chemically dependent.

The treatment program at Turning Point Inc is structured into two phases. The first phase lasts for 30 days, followed by a second phase of up to 60 days. Successful completion of the initial phase allows clients to enter the second phase for further care and support. The treatment offered is gender-specific, with a focus on addressing the unique needs of each individual.

In essence, Turning Point Inc plays a crucial role in helping chemically dependent individuals embark on a journey towards recovery, offering them a safe and supportive environment where they can heal and rebuild their lives.

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Impact




June, 2024

Turning Point Inc's impact is significant in providing chemical dependency treatment and social service programs to primarily African American male clients in Minneapolis, MN. Their licensed residential programs offer housing and transitional support to individuals assessed as chemically dependent. Through gender-specific treatment in a 90-day inpatient program split into two phases, Turning Point Inc helps clients successfully overcome addiction and receive the necessary care and support for their recovery. Their focus on mental health and substance abuse issues addresses critical needs within the community, making a positive impact on the lives of those struggling with chemical dependency.




This information is meant to be a general summary of Turning Point Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$2,907,670 (2022)
Expenses
$3,402,986 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $173
  • Program Service Revenue: $2,433,682
  • Gross Receipts: $2,907,670

Assets and Liabilities:

  • Total Assets: $1,314,610
  • Total Liabilities: $1,163,473
  • Net Assets: $151,137

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM SERVICE CONTRA

Revenue

$2,406,394

TRAINING

Revenue

$18,838

DEBT FORGIVENESS INCOM

Revenue

$8,450

Organization Details

Founding Year

1976

Principal Officer

Lori Wilson

Main Address

1500 GOLDEN VALLEY RD, MINNEAPOLIS, MN, 55411

NTEE Category

Code: F220 - Mental health

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